The CFPB updated its regulatory implementation materials to incorporate the recording of its March 1st presentation titled Know Before You Owe Mortgage Disclosure Rule – Construction Lending. The presentation focused on complying with the TILA/RESPA Integrated Disclosure (TRID) rule in connection with construction-to-permanent loans. The presentation, about which we had previously written, covered loans that have single closings and include a construction phase and a permanent phase. The publication of the presentation comes more than three weeks after it took place and follows the announcement that an April presentation is planned. The full presentation can be found here.
